1. A 3-yr T-note with a face value of $1000 and a coupon rate of 5.98% p.a. is trading at par.
The amount of each coupon from this note is 29.9.
If you hold the above T-note for 2 months and then sell it at a yield of 5% p.a., the dirty price is:
2. Two Years Future Value What is the future value of $450 deposited for two years earning 8% interest rate annually?